Core Viewpoint - Gray Media, Inc. plans to offer up to $700 million in senior secured first lien notes due 2033, contingent on market conditions [1] Group 1: Offering Details - The offering will be exempt from the registration requirements of the Securities Act of 1933 [1] - The net proceeds will be used to repay portions of term loan D due December 1, 2028, and term loan F due June 4, 2029 [2] - The notes will be guaranteed on a senior secured first lien basis by existing and future restricted subsidiaries of Gray [2] Group 2: Regulatory Information - The notes will be offered only to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S [3] - The notes have not been registered under the Securities Act and cannot be offered or sold in the U.S. without registration or an applicable exemption [3] Group 3: Contact Information - For inquiries, Gray's Executive Vice President and Chief Financial Officer, Jeffrey R. Gignac, can be contacted at 404-504-9828 [6] - Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, is also available at 404-266-8333 [6]

Core Insights - Gray Media, Inc. has increased its revolving credit facility commitments by $50 million, bringing the total to $750 million, and extended the maturity date to December 1, 2028 [1][2] - The company has $700 million of undrawn availability under the revolving credit facility after repaying $402.5 million of its term loan F with proceeds from a $900 million offering of senior secured second lien notes [2] - Gray Media is the largest owner of local television stations in the U.S., reaching approximately 37% of U.S. television households, with a significant portfolio of top-rated stations [3] Financial Details - The company’s revolving credit facility now totals $750 million, with a maturity extension to December 1, 2028 [1] - Following the repayment of $402.5 million of Term Loan F, the outstanding balance is now $90 million [2] - The company has raised $900 million through the issuance of 9.625% senior secured second lien notes due 2032 [2] Company Overview - Gray Media, Inc. operates in 113 television markets and owns the largest Telemundo Affiliate group with 44 markets [3] - The company also includes Gray Digital Media, which provides advanced digital marketing strategies [3] - Additional media properties include video production companies and studio production facilities [3]

Core Viewpoint - Gray Media, Inc. has successfully completed an offering of $900 million in senior secured second lien notes with a 9.625% interest rate, maturing in 2032 [1] Group 1: Financial Details - The net proceeds from the notes will be utilized to redeem all outstanding 7.000% senior notes due 2027, repay a portion of Term Loan F amounting to $402.5 million, and cover fees and expenses related to the offering [2] - After the repayment, the remaining balance of Term Loan F is $90 million [2] - Interest on the notes will accrue from July 18, 2025, and will be paid semiannually starting January 15, 2026 [3] Group 2: Legal and Regulatory Information - The notes and related guarantees are not registered under the Securities Act of 1933 and can only be offered to qualified institutional buyers under Rule 144A and to persons outside the United States under Regulation S [4]

Core Insights - A groundbreaking partnership has been established between University of Tennessee Athletics, the Vol Network, and Gray Media, designating WVLT in Knoxville, WSMV in Nashville, and WMC in Memphis as the Official Television Stations of the Tennessee Volunteers, enhancing local coverage of Tennessee Athletics [1][2] Group 1: Partnership Details - The partnership will cover Tennessee's three largest markets through Gray's newly launched Tennessee Valley Sports Network (TVSN), with future plans to expand to Chattanooga and Jackson [2] - TVSN will provide over seven hours of exclusive Tennessee Athletics-related programming, including a new football pre-game show called Volunteer Gameday, which will air live two hours before kickoff [2][5] - The partnership aims to broadcast Tennessee sports content statewide, reaching audiences across East, Middle, and West Tennessee [4][5] Group 2: Stakeholder Statements - Gray's Regional Vice President, Jasmine Hardin, expressed excitement about serving one of the largest fan bases in college sports and establishing a new standard in college sports media partnerships [3] - Tennessee Deputy Athletics Director, Alicia Longworth, highlighted the initiative's goal to connect the entire Volunteer State and provide fans with unique year-round content [6] - Brandon Parks, Vice President and General Manager of the Vol Network, emphasized the opportunity to showcase the UT campus and introduce innovative programming through this partnership [6] Group 3: Future Programming and Content - Additional programming announcements are expected this fall, with regular exclusive analysis and insights from Volquest personalities [5] - The partnership will continue through June 2028, with the Vol Network overseeing all sponsorship agreements for Tennessee Athletics [6]

In the latest trading session, Gray Media (GTN) closed at $5.16, marking a -3.73% move from the previous day. This change lagged the S&P 500's 0.32% gain on the day. Meanwhile, the Dow experienced a rise of 0.53%, and the technology-dominated Nasdaq saw an increase of 0.26%. The stock of broadcast television company has risen by 35.01% in the past month, leading the Consumer Discretionary sector's gain of 5.77% and the S&P 500's gain of 4.51%.The investment community will be paying close attention to the ea ...

Gray Media (GTN) ended the recent trading session at $5.36, demonstrating a -4.63% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.33%. Meanwhile, the Dow lost 0.63%, and the Nasdaq, a tech-heavy index, lost 0.22%. Shares of the broadcast television company witnessed a gain of 43.73% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 4.98%, and the S&P 500's gain of 4.07%.The upcoming earning ...

Core Points - Gray Media is broadcasting a special program titled "Together for Texas" to document the impact of devastating floods in Central Texas and the Hill Country [1][2] - The program will air on July 11, 2025, at 6:30 p.m. CST across nine Texas markets and will also be available on Gray's 24/7 streaming network [1] - Gray Media has launched a donation drive in partnership with Graham Media Group to support the Salvation Army's relief efforts, raising over $243,000 so far [4] Company Overview - Gray Media, Inc. is headquartered in Atlanta, Georgia, and is the largest owner of top-rated local television stations in the U.S., serving 113 markets [5] - The company reaches approximately 37% of U.S. television households and includes 78 markets with the top-rated television station [5] - Gray Media also operates Gray Digital Media, offering advanced digital marketing strategies, and owns various media properties including video production companies and studio facilities [5]

Core Viewpoint - Gray Media Inc. (NYSE: GTN) is currently viewed as 'dead money' as investors await the next political cycle, with shares dropping to approximately $3 per share following disappointing Q3/24 earnings [1]. Company Summary - Gray Media Inc. experienced a significant decline in share price, reaching a low of around $3 per share after its Q3/24 earnings report was poorly received [1].

Core Viewpoint - Gray Media and the Carolina Panthers have formed a partnership to broadcast all three Panthers preseason games live in Spanish, targeting Spanish-speaking audiences across the Carolinas [1][5]. Group 1: Partnership Details - The partnership will allow Spanish-speaking fans to watch every Panthers preseason game on six Gray Telemundo affiliate stations in South Carolina and Eastern North Carolina starting this August [2]. - The Spanish-language broadcasts will feature experienced sportscasters Carlos Ramirez and Ariana Figueroa, enhancing the viewing experience for fans [4]. - This initiative is part of a broader effort to build inclusive experiences for Spanish-speaking viewers and strengthen connections with Latino fans in the region [5][6]. Group 2: Broadcast Schedule - The 2025 Panthers preseason schedule includes games against the Cleveland Browns, Houston Texans, and Pittsburgh Steelers, with specific dates and times outlined [7]. - The broadcasts will be available on various Telemundo stations, including WDKT, WTES, WZCH, WXIV, WTWL, and WTGC [3][7]. Group 3: Company Background - Gray Media, the parent company, is the largest owner of local television stations in the U.S., reaching approximately 37% of U.S. television households [6][8]. - Tepper Sports & Entertainment, which owns the Carolina Panthers, aims to make the greater Charlotte metro area a premier destination for sports and entertainment [9].

Core Insights - Gray Media and the NFL's Carolina Panthers have formed a partnership to broadcast all three Panthers preseason games live in Spanish, targeting Spanish-speaking fans in the Carolinas [1][4] - The broadcasts will be available on six Telemundo affiliate stations in South Carolina and Eastern North Carolina, enhancing accessibility for Latino fans [1][4] - The partnership aims to create inclusive experiences that resonate with Spanish-speaking communities, reflecting a commitment to cultural and linguistic representation [4] Company Overview - Gray Media, Inc. is the largest owner of local television stations in the U.S., reaching approximately 37% of U.S. television households, with a significant presence in the Telemundo affiliate market [5] - Tepper Sports & Entertainment operates the Carolina Panthers and is focused on making the greater Charlotte area a premier destination for sports and entertainment [7] Broadcast Details - The Spanish-language broadcasts will feature experienced sportscasters Carlos Ramirez and Ariana Figueroa, enhancing the viewing experience for fans [3] - The preseason schedule includes games against the Cleveland Browns, Houston Texans, and Pittsburgh Steelers, with specific dates and times outlined [6]